What is balance confirmation?

There are three types of balance: total mined, unconfirmed and confirmed.

Total mined is the whole amount of coins that you’ve mined (not obtained by some other way, like incoming transfers or airdrops) on MinerGate during all time. Note that you have a specific total mined balance for every currency that you have ever mined. You can see it in the Dashboard.

Unconfirmed balance is a first home for your rewards after you receive them. All your rewards get added to unconfirmed balance once they are received. This amount is included in total mined, but is not available for withdrawal yet. Once it reaches a confirmation threshold, it becomes confirmed and the amount is added to your actual current balance.

Confirmed balance is your current balance available for withdrawing.

Balance confirmation is a process that unconfirmed balance should undergo in order to become confirmed.